| | | §7602.__Municipal authority and organization |
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| | | A town established under this chapter may organize and | | conduct its affairs in the same manner as other towns | | organized and operating under general law.__ The powers and | | duties of the town are identical to those of other towns under | | general law.__Upon incorporation, registered voters of the | | town shall vote to name the town, to elect municipal officers | | and to establish a seat of government for the town. |
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| | | §7603.__Municipal services |
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| | | The county commissioners of a town established under this | | chapter shall develop a plan to phase out the provision of | | municipal services to the residents of the previously | | unorganized areas as authorized under section 7501, except | | that a town may choose to contract with the county | | commissioners of the county in which the town is located to | | continue to provide municipal services to some or all of the | | previously unorganized areas that constitute the town.__The | | contracting authority must be granted by the registered voters | | of the town to the municipal officers at annual meetings. |
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| | | §7604. Taxation and revenue |
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| | | The municipal officers of a town established under this | | chapter have the authority to raise and collect all taxes | | necessary for the operation of the town and its schools.__ | | Municipal officials have the authority to allocate and expend | | all municipal tax revenue raised and collected in the town for | | the operation of the town's government and schools. |
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| | | §7605.__Disposition of unorganized territory funds, | | contingency |
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| | | The county commissioners of the county in which a town | | established under this chapter is located shall transfer to | | the town, once the town is incorporated, the balance of funds | | in the county's unorganized territory fund established under | | section 7502.__Upon transfer of the funds into the town's | | general operating account, the town may expend the funds for | | any services authorized by the town in any area of the town.__ | | The transferred funds may also be used to reduce the amount to | | be collected in taxes in the same town during any budget year. |
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| | | The county commissioners of the county in which a town | | established under this chapter is located shall transfer to | | the town, once the town is incorporated, the balance of any | | contingent account or capital reserve account established by | | the county under section 7502.__The funds must be transferred | | into |
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